White House Rejects Conflict of Interest Clause in CLARITY Act

According to Foresight News, the White House has declined a proposal from House Republicans and Democrats to include a conflict of interest clause in the CLARITY Act during crucial negotiations on Tuesday evening. The clause aimed to restrict senior political figures, including U.S. President Donald Trump, the Vice President, members of Congress, and their families, from engaging in cryptocurrency activities during their terms. Democrats sought to prevent President Trump from profiting through cryptocurrency, while Republicans wanted to avoid the clause being perceived as a direct criticism of Trump. As of now, no consensus has been reached, and the White House, along with Republicans, is working on drafting an alternative solution.